For the North Texas real estate market 2016 was another record breaking year where we have continued to see existing home values soar and residential new construction starts at a 10 year high. The blazing hot North Texas economy and influx of young professionals coming to the area to work for State Farm Insurance, Toyota and Liberty Insurance has the inventory of homes listed for sale stuck at a two month supply. That’s about a third of what’s considered a normal market. About 80,000 people moved to North Texas last year, or more than 200 newcomers a day.
Thousands of Buyers across North Texas are anxiously looking for a new place to call home and are finding out the hard way that the market is in short supply of housing inventory. This means that todays Buyers don’t have the luxury of taking their time, teasing the Sellers with lowball offers or demanding repairs. This is all great news for homeowners looking for a return on their investment!
If you or someone you know are considering selling please complete the contact form below and we will prepare a FREE custom market analysis. You might be surprised with the value of your home:
Click on the links below for more information on these N Carrollton/The Colony neighborhoods:
- Arbor Creek
- Booth Creek
- Castle Hills
- Coyote Ridge
- Diamond Ridge
- Harvest Run
- High Meadow of Indian Creek
- High Country
- The Homestead
- Hunters Creek
- Meadow Ridge
- Nob Hill
- Oak Hills
- Palisades Point
- Quail Creek Townhomes
- The Legends in The Colony
- Ridgepointe
- Stewart Penninsula
Published on 2017-01-12 16:54:09
